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Analyst: Amazon Cloud Unit Could Hit $3T in Value

Analyst: Amazon Cloud Unit Could Hit $3T in Value
Analyst: Amazon Cloud Unit Could Hit $3T in Value
June 29, 2022  |  Amazon

Amazon’s cloud storage unit Amazon Web Services (AWS) could be headed to a value of $3 trillion, nearly three times what the entire company is...

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Court Orders Liquidation of Three Arrows Crypto Fund
Court Orders Liquidation of Three Arrows Crypto Fund
June 29, 2022  |  Cryptocurrency

Embattled crypto fund Three Arrows Capital has been ordered by a court in the British Virgin Islands to liquidate because it has failed to pay...

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Market Madness Derails Crypto Industry’s Payments Ambitions — for Now
Market Madness Derails Crypto Industry’s Payments Ambitions — for Now
June 29, 2022  |  Cryptocurrency

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Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo, Zelle Dodged Fraud Lawsuit
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo,...
June 29, 2022  |  Regulation

Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant...

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Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
Today in FinTech: Volt Gives Up Bank License; Wells Fargo, Zelle Suit Dropped
June 29, 2022  |  Technology

In today’s FinTech news, Aussie FinTech Airwallex is moving into New Zealand with its multi-currency digital wallets, while Aussie bank Volt hands back its license....

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The Data Point: For 48% of US and Canadian Firms, Partners the Key to Virtual Card Use
The Data Point: For 48% of US and Canadian Firms, Partners the Key to Virtual...
June 29, 2022  |  Credit Cards

As businesses seek cost reductions at a time of high inflation and with the COVID-19 recovery still very real and ongoing, more companies are looking...

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Fed Prioritizes FedNow, Delays Fedwire Funds Service Changes
Fed Prioritizes FedNow, Delays Fedwire Funds Service Changes
June 29, 2022  |  Payment Methods

The Federal Reserve Board announced on Monday (June 27), the final timeline and other implementation details for the adoption of a new Fedwire Funds Service...

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Czech FinTech 4Trans Plans Expansion After $18M Fundraise
Czech FinTech 4Trans Plans Expansion After $18M Fundraise
June 29, 2022  |  Investments

4Trans, a Czech FinTech specializing in financial productions for supply chain and transportation companies, has raised 18 million euros ($18.8 million) in new funding. Get...

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Voices of the CFO: Finance Leaders Flex With Strategic Demands
Voices of the CFO: Finance Leaders Flex With Strategic Demands
June 29, 2022  |  CFO

“Chief collaborator.” “Resource.” “Service Provider.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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